Enterprise Products Partners (NYSE:EPD) Issues Quarterly Earnings Results

Key Points

• Strong quarterly growth: Enterprise Products Partners reported earnings of $0.75 per share, matching estimates, while revenue surged 49.3% year over year to $17.95 billion, significantly exceeding forecasts.
• Attractive income profile: The partnership declared a quarterly dividend of $0.56 per unit, equivalent to $2.24 annually and a 5.7% yield.
• Mixed investment outlook: Shares rose 2.6% to $39.05, but analysts maintain a consensus “Hold” rating with a $40.12 price target; rising interest rates remain a risk for valuation and financing costs.

Enterprise Products Partners (NYSE:EPD - Get Free Report) posted its earnings results on Wednesday. The oil and gas producer reported $0.75 earnings per share for the quarter, hitting analysts' consensus estimates of $0.75, FiscalAI reports. Enterprise Products Partners had a net margin of 10.79% and a return on equity of 20.67%. The company had revenue of $17.95 billion during the quarter, compared to analyst estimates of $14.98 billion. During the same period in the prior year, the business posted $0.61 earnings per share. Enterprise Products Partners's revenue for the quarter was up 49.3% on a year-over-year basis.

Enterprise Products Partners Stock Up 2.6%

Shares of EPD stock traded up $0.99 during trading hours on Thursday, reaching $39.05. 3,720,337 shares of the company's stock were exchanged, compared to its average volume of 3,870,894. Enterprise Products Partners has a 1 year low of $30.02 and a 1 year high of $40.17. The stock's fifty day moving average price is $37.66 and its two-hundred day moving average price is $37.19. The company has a current ratio of 0.93, a quick ratio of 0.66 and a debt-to-equity ratio of 1.00. The stock has a market cap of $84.34 billion, a PE ratio of 13.51, a PEG ratio of 1.32 and a beta of 0.50.

Enterprise Products Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, October 30th. Enterprise Products Partners's payout ratio is currently 77.78%.

Enterprise Products Partners News Roundup

Here are the key news stories impacting Enterprise Products Partners this week:

• Positive Sentiment: Strong quarterly performance: EPD reported third-quarter earnings of $0.75 per share, in line with estimates, while revenue reached $17.95 billion—well above the $14.98 billion analyst consensus and 49.3% higher year over year. EBITDA also rose 16% to approximately $2.8 billion, reinforcing the company’s operating momentum. Enterprise Reports Third Quarter 2026 Earnings
• Positive Sentiment: Improving chart signals: Shares moved above both their 50-day and 200-day moving averages, indicating improving short- and long-term momentum and potentially encouraging technical traders. EPD Just Overtook the 200-Day Moving Average
• Positive Sentiment: Analyst estimate increases: US Capital Advisors modestly raised its FY2027 EPS forecast to $3.14 from $3.13 and its FY2028 forecast to $3.43 from $3.42. The revisions suggest stable expectations for continued earnings growth. Enterprise Products Partners Analyst Estimates
• Positive Sentiment: Income appeal: EPD’s fee-based midstream business and substantial dividend remain attractive to investors seeking cash flow, particularly as the partnership is cited among high-yield companies with payouts supported by operating cash flow. High-Yield Stocks Supported by Cash Flow
• Negative Sentiment: Interest-rate risk remains: Rising Treasury yields could pressure high-yield securities and increase financing costs, potentially limiting the valuation upside of EPD and other pipeline partnerships. Why Rising Rates Could Break the Bull Market

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Melius Research assumed coverage on Enterprise Products Partners in a research report on Tuesday, September 22nd. They issued a "hold" rating and a $42.00 price target for the company. Capital One Financial initiated coverage on Enterprise Products Partners in a research note on Tuesday, September 22nd. They issued an "equal weight" rating and a $42.00 price target on the stock. Wall Street Zen upgraded shares of Enterprise Products Partners from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 17th. Weiss Ratings upgraded shares of Enterprise Products Partners from a "buy (b)" rating to a "buy (b+)" rating in a research note on Friday, October 16th. Finally, Morgan Stanley reissued an "underweight" rating and issued a $41.00 target price (up from $40.00) on shares of Enterprise Products Partners in a report on Tuesday, August 18th. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Enterprise Products Partners presently has a consensus rating of "Hold" and a consensus price target of $40.12.

Enterprise Products Partners Company Profile

Enterprise Products Partners L.P. NYSE: EPD is a North American midstream energy partnership headquartered in Houston, Texas. The company provides infrastructure and services for the transportation, storage, processing and export of energy products, connecting producers with domestic and international markets.

Its operations include pipelines, storage facilities, natural gas processing plants, natural gas liquids (NGL) fractionation facilities, and marine terminals. Enterprise handles NGLs such as ethane, propane, butanes and natural gasoline, as well as crude oil, refined products, petrochemicals and natural gas.

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